1.1 	A bill for an act
1.2 	relating to capital investment; appropriating money for road and infrastructure 
1.3 	improvements in the city of Virginia; authorizing the sale and issuance of state 
1.4 	bonds.
1.5 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.6 	Section 1. VIRGINIA; SIXTH AVENUE RECONSTRUCTION.
 1.7 		Subdivision 1.Appropriation. $4,000,000 is appropriated from the bond proceeds fund 
1.8 	to the commissioner of employment and economic development for a grant to the city of 
1.9 	Virginia for design and reconstruction of 6th Avenue including the relocation and upgrades 
1.10 	of municipal water, sanitary sewer, and stormwater management infrastructure to support 
1.11 	redevelopment of the decommissioned municipal steam plant site.
1.12 		Subd. 2.Bond sale. To provide the money appropriated in this section from the bond 
1.13 	proceeds fund, the commissioner of management and budget shall sell and issue bonds of 
1.14 	the state in an amount up to $4,000,000 in the manner, upon the terms, and with the effect 
1.15 	prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota 
1.16 	Constitution, article XI, sections 4 to 7.

1.17 	EFFECTIVE DATE. This section is effective the day following final enactment.